Application Specific Integrated Circuit Market Size, Share & Trends Analysis Report By Product (Full Custom, Semi-Custom, Programmable), By Application (Telecommunication, Industrial, Automotive, Consumer Electronics), By Region, And Segment Forecasts, 20

Application Specific Integrated Circuit Market Size, Share & Trends Analysis Report By Product (Full Custom, Semi-Custom, Programmable), By Application (Telecommunication, Industrial, Automotive, Consumer Electronics), By Region, And Segment Forecasts, 2025 - 2030

Scissor Lift Market Growth & Trends

The global scissor lift market size is expected to reach USD 5.15 billion by 2030, registering a CAGR of 7.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising demand for building maintenance and repair activities, along with the growing popularity of electric and hybrid lifts, is expected to boost market growth over the coming years.

A large number of construction projects have been delayed or canceled on account of the impact of novel coronavirus on the governments and companies that commissioned them. In addition, supply chain bottlenecks of materials and equipment are anticipated to cause project delays or reduced spending, thereby restricting the market growth over the forecast period.

The retail, storage, and warehouses end-user segment is expected to expand at a CAGR of 6.2% over the forecast period owing to the increasing adoption of on-demand warehousing, wherein companies with excess warehouse capacity can fill their space by leasing them to sellers with seasonal or temporary storage needs without entering into long-term agreements.

Engine-powered scissor lifts tend to be more construction-oriented as they can be easily driven and used on slopes compared to electric lifts. In addition, they have a greater vertical reach, higher weight capacity, and larger working platforms, which eventually provides more accessibility for multiple workers, thereby driving the product demand over the coming years.

Scissor Lift Market Report Highlights

• The electric engine type dominated the market and accounted for the largest revenue share of 68.7% in 2024, attributed to the increasing demand for environmentally friendly and efficient lifting solutions.
• The less than 10 meters segment led the market and accounted for the largest revenue share of 46.8% in 2024, driven by its versatility and suitability for various indoor applications.
• The construction segment dominated the market and accounted for the largest revenue share of 50.7% in 2024 attributed to the increasing infrastructure development and urbanization investments.
• The growth of the scissor lift market in North America dominated the global market and accounted for the largest revenue share of 35.9% in 2024 attributed to a surge in online shopping and the increasing demand for efficient logistics solutions.
• The scissor lift market in the Asia Pacific is expected to grow at a CAGR of 7.2% over the forecast period, owing to urbanization and infrastructure development. Countries in this region invest heavily in construction projects to accommodate their growing populations.

Please note The report will be delivered in 2-3 business days upon order notification.